THE CONDO BOOK PROJECT

Smithsonian Condominium

370 Lenox Avenue, A/K/A 60 West 129th Street, Manhattan, NY 10027

Overview

Units
55 residential · 7 commercial
Subway
4 min walk to 125 St 2 3135 St 2 3, 6 min
Principals
Marc Chemtob, Shmuel Kairy
Average $/sf
$1,223Homes in Schedule A, as first offered
Common charges
$310–$719 a monthSponsor's first-year estimate in Schedule A, January 1 - December 31, 2024
Offering price
$68.5 million total $60.6 million when first offered

The sponsor of record is 370 Lenox LLC**, represented by Rosenberg & Estis, P.C.. The offering plan runs 426 pages. The sponsor has filed 3 amendments, the latest in October 2025. The nearest other condo plan on file is 58 West 129th Street Condominium, next door.

Plan CD220237 · Rehab · accepted Jan 4, 2024 · AG record ↗

Compare

FigureThis building1The Residences At West 9th Street245 units · 6 miaccepted 2025One11 Residences399 units · 3.7 miaccepted 2022
Common ChargesPer Square Foot / Month$0.61Lowest$1.82$2.00
Average Offering PricePer Apartment$1.02MLowest$2.57M$2.46M
Average PricePer Square Foot$1,223Lowest$2,838$2,918
Property TaxesPer Square Foot / Month$1.03Lowest$2.01$1.78
Average Unit SizeSquare Feet834 SFSmaller904 SF843 SF

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See the Full Comp

Unit mix, closings, budgets, finishes and the team, against The Residences At West 9th Street and One11 Residences, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Manhattan plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closings Pro

Homes closed96% of the homes in Schedule A53 of 55
Closing prices vs. Schedule A44 homes: $38,161,500 at closing against $44,240,000 in Schedule A (p. 38, p. 39)−13.7%
Average closing price44 homes, on their Schedule A square feet$1,041 / SF
Closingsfirst and latest recordedOct 22, 2024 – Jun 22, 2026

Sales recorded with the Department of Finance (ACRIS) through Jul 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 53 closings
HomeRecordedClosing priceSchedule ADifference
202Oct 22, 2024$499,000$575,000 p. 38−13.2%
309Oct 22, 2024$900,000$900,000 p. 380%
203Oct 24, 2024$650,000$685,000 p. 38−5.1%
205Nov 7, 2024$999,000$1,175,000 p. 38−15%
208Nov 7, 2024$799,000$975,000 p. 38−18.1%
408Nov 18, 2024$825,000$1,025,000 p. 39−19.5%
303Nov 21, 2024$699,000$700,000 p. 38−0.1%
306Nov 25, 2024$1,025,000$1,025,000 p. 380%
507Nov 25, 2024$535,000$650,000 p. 39−17.7%
302Nov 26, 2024$585,000$585,000 p. 380%
407Nov 26, 2024$519,000$635,000 p. 38−18.3%
PH6Nov 26, 2024$1,115,000——
602Nov 27, 2024$589,000$650,000 p. 39−9.4%
207Dec 3, 2024$499,000$600,000 p. 38−16.8%
305Dec 4, 2024$1,050,000$1,200,000 p. 38−12.5%
101Dec 10, 2024$850,000$850,000 p. 380%
PH7Dec 11, 2024$599,000——
508Dec 19, 2024$849,000$1,050,000 p. 39−19.1%
402Dec 26, 2024$529,000$600,000 p. 38−11.8%
502Jan 7, 2025$575,000$625,000 p. 39−8%
PH3Jan 8, 2025$810,000——
607Jan 13, 2025$589,000$665,000 p. 39−11.4%
404Jan 30, 2025$1,189,000$1,425,000 p. 38−16.6%
PH5Feb 3, 2025$1,200,000——
304Feb 4, 2025$1,149,000$1,400,000 p. 38−17.9%
PH2Feb 7, 2025$649,000——
307Feb 13, 2025$515,000$625,000 p. 38−17.6%
PH9Mar 11, 2025$936,000——
209Mar 13, 2025$799,000$875,000 p. 38−8.7%
204Apr 7, 2025$1,081,000$1,375,000 p. 38−21.4%
405Apr 15, 2025$1,089,000$1,225,000 p. 38−11.1%
504Apr 22, 2025$1,199,000$1,435,000 p. 39−16.4%
PH4Apr 24, 2025$1,275,000——
308May 19, 2025$799,000$1,000,000 p. 38−20.1%
409Jun 9, 2025$850,000$925,000 p. 39−8.1%
505Jun 20, 2025$1,099,000$1,250,000 p. 39−12.1%
604Jun 20, 2025$1,225,000$1,450,000 p. 39−15.5%
605Jun 20, 2025$1,149,000$1,275,000 p. 39−9.9%
206Aug 13, 2025$900,000$1,000,000 p. 38−10%
PH8Aug 13, 2025$915,407——
601Aug 28, 2025$1,200,000$1,550,000 p. 39−22.6%
201Sep 2, 2025$1,075,000$1,450,000 p. 38−25.9%
501Nov 3, 2025$1,200,000$1,525,000 p. 39−21.3%
PH1Nov 19, 2025$1,300,000——
509Dec 30, 2025$899,000$950,000 p. 39−5.4%
609Feb 9, 2026$899,000$975,000 p. 39−7.8%
301Mar 5, 2026$1,120,000$1,475,000 p. 38−24.1%
406Mar 16, 2026$999,000$1,050,000 p. 38−4.9%
401Apr 10, 2026$1,150,000$1,500,000 p. 38−23.3%
603May 12, 2026$679,000$765,000 p. 39−11.2%
606May 18, 2026$1,049,000$1,100,000 p. 39−4.6%
403May 29, 2026$634,500$725,000 p. 38−12.5%
503Jun 22, 2026$649,000$745,000 p. 39−12.9%

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
370 Lenox LLC**
Principals
Marc Chemtob, Shmuel Kairy
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
Bank Hapoalim$14.5 million loan stated in the plan

From our research: Do NYC Developers Rehire the Same Firms?

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